The need for succession planning in credit unions isn’t a secret. There is a very real need to groom future industry leaders as many CEOs prepare to retire.
As Interra Credit Union celebrates its 80th anniversary this year, it also celebrates an 80-year member, Harriet Kruse, the longest tenured living member. In many ways, the credit union and Harriet have grown up together.
The $20 million Filene FCU is tied to the now-shuttered retail chain once operated by credit union pioneer Edward Filene.
Utah regulator Orla Beth Peck new chairman, Community First CU President/CEO Cathie Tierney heads advisory council.
WASHINGTON — The woman setting up the new Bureau of Consumer Financial Protection said the bureau will be a strong ally of credit unions that "want to work on behalf of their members."
Are credit unions so deep into the present that they can't see the future? Brent Dixon, young adult adviser at the Filene Research Institute, thinks credit unions need to stop thinking about the short-term and focus on the long-term.